Global Metal-Clad Switchgear Market Growth 2023-2029

Global Metal-Clad Switchgear Market Growth 2023-2029

Metal-clad switchgear requires that the main switching and interrupting device be drawout. It may be either a circuit breaker (usual) or a load-break interrupter switch (unusual). Circuit breakers are always electrically operated. Extensive barriering, shutters over the primary circuit elements when the interrupter is withdrawn, and insulation-covered bus are all required.
LPI (LP Information)' newest research report, the “Metal-Clad Switchgear Industry Forecast” looks at past sales and reviews total world Metal-Clad Switchgear sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal-Clad Switchgear sales for 2023 through 2029. With Metal-Clad Switchgear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal-Clad Switchgear industry.
This Insight Report provides a comprehensive analysis of the global Metal-Clad Switchgear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal-Clad Switchgear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal-Clad Switchgear market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal-Clad Switchgear and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal-Clad Switchgear.
The global Metal-Clad Switchgear market size is projected to grow from US$ 57270 million in 2022 to US$ 76120 million in 2029; it is expected to grow at a CAGR of 76120 from 2023 to 2029.
The market is driven by various end-user industries, such as Living Power Control and Commercial Power Control. ABB is the leading manufacturer in the global Metal-Clad Switchgear market with the market share of 11.56%, in terms of revenue, followed by Schneider Electric, EATON, SIEMENS, Mitsubishi Electric, Fuji Electric, Hyundai Heavy Industries, Toshiba, CHINT, Hyosung, Meidensha Corporation, Wecome, LSIS Co. Ltd., HEAG, CTCS, Sunrise Group, SHVS, and SENTEG. These leading 18 companies accounted for 49% of the market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal-Clad Switchgear market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
5kV Metal-clad Switchgear
15kV Metal-clad Switchgear
27kV Metal-clad Switchgear
38kV Metal-clad Switchgear
Other
Segmentation by application
Living Power Control
Commercial Power Control
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
Mitsubishi Electric
EATON
SIEMENS
Elimsan
Fuji Electric
Hyundai Heavy Industries
Toshiba
CHINT
Hyosung
Meidensha Corporation
Wecome
LSIS Co. Ltd
HEAG
CTCS
Sunrise Group
SHVS
SENTEG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal-Clad Switchgear market?
What factors are driving Metal-Clad Switchgear market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal-Clad Switchgear market opportunities vary by end market size?
How does Metal-Clad Switchgear break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.